SOURCE: Net Optics

Net Optics

May 24, 2011 08:00 ET

Net Optics Selected as a Finalist for Red Herring Top 100 North America Award

Recognized for Innovation and Excellence in Computers, Software and Technology

SANTA CLARA, CA--(Marketwire - May 24, 2011) - Net Optics, Inc., the leader of real-time network visibility solutions, today announced its selection as a finalist for Red Herring's Top 100 North America Award, a prestigious list honoring the year's most promising private technology ventures from the North American business region.

The Red Herring editorial team selected Net Optics as one of the most innovative companies in computers, software and technology from a pool of hundreds across North America. Nominees are evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries.

As the leading innovator in network access and monitoring technologies, Net Optics has achieved continuous profitability throughout its 15-year history, and 60 consecutive quarters of growth. Net Optics has acquired more than 7,000 enterprise deployments worldwide, including 85 percent of the Fortune 100 and 50 percent of the Fortune 500. Top worldwide organizations employing Net Optics solutions include Coca Cola, AT&T, Goldman Sachs and Verizon Communications.

"The global economic situation has abated, and there are many great companies producing really innovative and amazing products," said Alex Vieux, publisher and CEO of Red Herring. "We had a very difficult time narrowing the pool and selecting the finalists. Net Optics shows great promise, and therefore deserves to be among the finalists."

"To be recognized as one of North America's top private companies, amongst hundreds of applicants, reinforces Net Optics' position as a leading and rapidly growing provider of network access and monitoring solutions," said Net Optics CEO Bob Shaw. "It is rewarding to see our solutions, which help power more than half of the world's best and biggest companies, recognized in such a prestigious and selective forum."

Finalists for the 2011 edition of the Red Herring 100 North America Award were selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. During the several months leading up to the announcement, hundreds of companies in the telecommunications, security, Web 2.0, software, hardware, biotech, mobile and other industries completed their submissions to qualify for the award.

Net Optics and other finalists will now have the opportunity to present their winning strategies at the Red Herring North America Forum in Hollywood, California, June 13-15, 2011. The Top 100 winners will be announced at a special awards ceremony the evening of June 15, 2011 at the event.

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About Net Optics, Inc.
Net Optics is the leading provider of Intelligent Access and Monitoring Architecture solutions that deliver real-time IT visibility, monitoring and control. As a result, businesses achieve peak performance in network analytics and security. More than 7,000 enterprises, service providers and government organizations -- including 85 percent of the Fortune 100 -- trust Net Optics' comprehensive smart access hardware and software solutions to plan, scale and future-proof their networks through an easy-to-use interface. Net Optics maintains a global presence through leading OEM partner and reseller networks.

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